Talisay is known for its "Inasal Baboy" (Roasted Pig). Its name is taken from the 'Mantalisay' tree which is abundant in the city. It is primarily a residential and trading center. Talisay City is part of a metropolitan area known as Metro Cebu.

Talisay was founded in 1648 as an estate owned by the Augustinians. In 1849, it was converted into a municipality with Silverio Fernandez as its first gobernadorcillo and Pedro Labuca as captain.

Some accounts claim that Talisay got its name from the Magtalisay trees which are endemic in certain areas of the municipality, while others claim that Talisay got its name from a town in Spain.

During both the American colonial period and World War II, Talisay served as a haven of colonial military forces. The municipality served as the center of guerrilla intelligence operations for the Philippine resistance movement in Cebu during World War II. Returning American and Filipino forces landed on the beaches of Talisay on March 28, 1945, an event that marked the eventual surrender of Japanese forces on Cebu. That day is now an official holiday in the province of Cebu.

In 2000, the municipality of Talisay was converted into a city.[1] The municipality is now linked to Cebu City via the new South Coastal Highway from Lawaan, opened in 2004. This has brought some recent inward investment in the form of sub-divisions, some hastily planned and plagued by problems. Conflict has occurred between the residents of the mountain barangay of Maghaway and those of Crown Asia's Azienda Milan and Venezia sub-divisions. According to the National Statistics Office in its 2000 report, some 70 percent of the population of Talisay belongs to the urban poor. Talisay remains an important center for the production of blasting caps used in dynamite.

Much of the commerce in Talisay City takes place in the Tabunok area, where several public markets, strip malls and commercial establishments are situated. The biggest mall is Gaisano Tabunok, which has a grocery, several floors displaying clothing and household items and a couple of theaters. However, much of the population still depend on the so-called "public markets", where they can find fresh meat, fish and vegetables, as well as other household needs there are many sari sari stores one being gloria's mini mart its great for all the locals who need hardware and house needs and fooding and with out the need of travel to go to Tabunok. Talisay City and the Tabunok area also serves as the commercial area for municipalities south of the city, being the south "gateway" to Cebu City, considered to be the biggest city outside of Metro Manila. Talisay City, its citizens and its surrounding barangays have lately benefitted immensely from the construction of the South Road Properties project, which is an 6-lane coastal highway from downtown Cebu City to the town of Minglanilla, but with several exits in between, many of which are exits to several areas of Talisay City. Because of this highway, traffic, which has always been a problem for the inhabitants in the past few years for this area, has been greatly reduced, making the city a popular zone for housing once more, as it was in the early 70's and 80's.

1.)Talisay City Science High School, the only Science High school in Talisay City established in 2004. 2.) Divino Amore Academy. Catholic School run by the Augustinian Sisters of Divine Love (ASDL), located at Fidel Bas St., Lower Mohon, Talisay, City3.) Talisay Malayan Academy located at the heart of the city, Poblacion, Talisay City4.) Sisters of Mary-Girlstown. School located at J.P. Rizal St., Poblacion, Talisay City5.) St. Scholastica's Academy. Catholic School run by the Benedictine Sisters (Order of Saint Benedict OSB), located at Lagtang Rd., Tabunok, Talisay City6.) Asian College of Technology located at South Expressway, Bulacao, Talisay City7.) Monterey School of Learning - located at San Isidro, Talisay City, Cebu8.) East Visayan Academy. Operated by the Central Visayan Conference of the Seventh-day Adventist Church located at South Expressway, Bulacao, Talisay City9.) Mohon Elementary School. A Government School at Proper Mohon, Talisay City10.) Saint Thomas Aquinas School Montessori.11.) Sacred Heart School of Lawa-an12.) St. Teresa's School Catholic. Located in Poblacion, Talisay City13.) Lagtang SDA Elementary School. Operated by Lagtang SDA Church under the Central Visayan Conference of the Seventh-day Adventist Church. Located at Lagtang, Talisay City14.) Talisay City National High School 15.) Talisay Elementary School 16.) Tabunok Elementary School

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